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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 9:30 AM EST

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To: Harry Landsiedel who wrote (91236)10/29/1999 12:46:00 AM
From: Jim McMannis  Read Replies (2) of 186894
 
RE:"My beef with Greenspan is his jawboning the market regarding asset
values."...

You should be happy he does this.
1. It prolongs the bull market.
2. Keeps the markets from going parabolic.
3. Reassures new investors that there is some stability in the markets
by buffering the Keynesian cyclicality of the markets.
4. Increases buying opportunities for those who have to average in over time.

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Over the long term the market has moved up anyway. The result of demographic forces of the baby boom generation.
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